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Monetary Policy Actions and the Incentive to Invest
8 references·3 citing·42 second hop
Monetary Policy Actions and the Incentive to Invest (2004)Monetary Policy Actions and the Incentive…Deriving Inflation Expectations from Nominal and Inflation-Indexed Treasury Yields (2000)Deriving Inflation Expectatio…Deriving Inflation Expectations from Nominal and Inflation-Indexed Treasury Yields (2000)Deriving Inflation Expectatio…By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior (1999)By Force of Habit: A Consumpt…A Simple Approach for Deciding When to Invest (1999)A Simple Approach for Decidin…By Force of Habit: A Consumption-Based Explanation of Aggregate Stock Market Behavior (1995)By Force of Habit: A Consumpt…Waiting to Invest: Investment and Uncertainty (1992)Waiting to Invest: Investment…The Investment, Financing, and Valuation of the Corporation. (1963)The Investment, Financing, an…The Investment, Financing, and Valuation of the Corporation (1963)The Investment, Financing, an…Relationships between Financial Sectors’ CDS Spreads and Other Gauges of Risk: Did the Great Recession Change Them? (2013)Relationships between Financi…Risk spillovers in oil-related CDS, stock and credit markets (2012)Risk spillovers in oil-relate…Asymmetric convergence in US financial credit default swap sector index markets (2011)Asymmetric convergence in US …An equilibrium characterization of the term structure (1977)A Theory of the Term Structure of Interest Rates (1985)Irreversibility, Uncertainty, and Investment (1990)Strategy through the Option Lens: An Integrated View of Resource Investments and the Incremental-Choice Process (1993)The Stochastic Behavior of Commodity Prices: Implications for Valuation and Hedging (1997)Theory of rational option pricing (2005)Distribution of the Estimators for Autoregressive Time Series With a Unit Root (1979)Co-Integration and Error Correction: Representation, Estimation, and Testing (1987)Testing for a Unit Root in Time Series Regression (1988)On the determinants of industry-CDS index spreads: Evidence from a nonlinear setting (2018)On the risk spillover across the oil market, stock market, and the oil related CDS sectors: A volatility impulse response approach (2018)The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis (1989)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory (1998)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)Monetary Policy Actions, Macroeconomic Data Releases, and Inflation Expectations (2004)Explanatory factors of the inflation news impact on stock returns by sector: The Spanish case (2008)Inflation news and stock returns: market direction and flow-through ability (2012)The equity premium: A puzzle (1985)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles (2000)Relative Income, Happiness, and Utility: An Explanation for the Easterlin Paradox and Other Puzzles (2008)Irreversibility, Uncertainty, and Cyclical Investment (1980)The Value of Waiting to Invest (1982)Evaluating Natural Resource Investments (1985)Corporate Investment Policy (2003)Stock Prices and IPO Waves (2003)Econometric Analysis of Bulk Shipping: implications for investment strategies and financial decision-making (2005)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1988)Predicting Excess Stock Returns Out of Sample: Can Anything Beat the Historical Average? (2007)Understanding Risk and Return (1993)Investor Psychology and Security Market Under‐ and Overreactions (1998)Out-of-Sample Equity Premium Prediction: Combination Forecasts and Links to the Real Economy (2009)Equity and CDS sector indices: Dynamic models and risk hedging (2012)The conditional dependence structure of insurance sector credit default swap indices (2014)Strength of co-movement between sector CDS indexes and relationship with major economic and financial variables over time and during investment horizons (2016)The Treasury Securities Market: Overview and Recent Developments (1999)Asset Allocation with Inflation-Protected Bonds (2004)Liquidity Risk Premia and Breakeven Inflation Rates (2006)Capital markets research in accounting (2001)Equity Premia as Low as Three Percent? Evidence from Analysts' Earnings Forecasts for Domestic and International Stock Markets (2001)The Equity Premium (2002)
this work references cited by second hop

References

  • 1999By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior5,088 cited
  • 1995By Force of Habit: A Consumption-Based Explanation of Aggregate Stock Market Behavior1,579 cited
  • 1963The Investment, Financing, and Valuation of the Corporation958 cited
  • 1992Waiting to Invest: Investment and Uncertainty516 cited
  • 1963The Investment, Financing, and Valuation of the Corporation.501 cited
  • 2000Deriving Inflation Expectations from Nominal and Inflation-Indexed Treasury Yields55 cited
  • 1999A Simple Approach for Deciding When to Invest33 cited
  • 2000Deriving Inflation Expectations from Nominal and Inflation-Indexed Treasury Yields17 cited

Cited by

  • 2012Risk spillovers in oil-related CDS, stock and credit markets55 cited
  • 2013Relationships between Financial Sectors’ CDS Spreads and Other Gauges of Risk: Did the Great Recession Change Them?19 cited
  • 2011Asymmetric convergence in US financial credit default swap sector index markets17 cited

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